‘Schweppes acquisition to boost Delta’

Nivad will spearhead safety improvements, monitor underground trends, conduct geotechnical assessments, scan underground voids, and track gold output to curb leakages. The management firm will also oversee shaft ownership to eliminate speculative holding.

DELTA Corporation’s recent acquisition of a controlling stake in Schweppes Holdings Africa is set to push the beverage giant’s annual revenue beyond the US$900 million mark in the current financial year, according to market experts.Last month, Delta increased its shareholding in Schweppes to 69 percent, up from the 49 percent it acquired in 2009. A…

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